The Asian Development Bank (ADB) and ABIS Exports India Private Limited (ABIS) are backing the construction of a micro fish feed plant in India.
The firms signed a $16 million (€15.3 million) sustainability-linked debt facility to finance the project, which also will train up to 6,000 farmers in climate-resilient farming practices as well as financial literacy.
Specialized micro fish feed is a new product in the Indian market. It is smaller than standard feed, making it suitable for more species of fish.
